Fed Chair Powell Leaves Door to Further Rate Hikes Open – Here is How Crypto Markets Reacted
Speaking at an annual conference of central bankers at Jackson Hole, the Chairman of the US Federal Reserve Jerome Powell left the door open to the possibility of further interest rate hikes in the US, triggering some sh...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin (BTC) fell to new daily lows in the $25,800s from earlier session highs at $26,200 in response to Powell’s remarks, though was last trading closer to $26,000, with losses in the last 24 hours at a modest 0.5%....
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